The recent report is published by the Qualiket Research on the global multiplexed diagnostic market, which delivers detailed analysis of segments and sub-segments in global as well as regional level. The study also highlights the impact of COVID-19 on the global multiplexed diagnostic market during this forecast timeline.
The multiplexed diagnostic is used for the analysis of the biological samples which can complete a screening process with a single run. The multiplexed diagnostics assays are involved in the diagnosis and detection of various diseases and infections such as autoimmune diseases, allergies, cancer, and cardiovascular diseases.
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The increase in private and public funding for genomics and personalized medicine is the key driving factor which expected to boost the global multiplexed diagnostic market growth during this forecast timeline. Furthermore, the rise in demand for automated equipment and multifaceted analytical strategies will positively influence the market growth. Also, the growing demand for advanced diagnostic technology for accurate diagnosis of life-threatening diseases expected to propel the global multiplexed diagnostic market growth. Moreover, the favorable regulatory scenario for new product launch activities, and multiple usage of multiplexed diagnostics technology are some driving factors which are responsible for the market growth in near future.
Lack of skilled professionals is the major restraint which is expected to hamper the global multiplexed diagnostic market growth. Also, lack of advanced infrastructure and high initial cost will limit the market growth over the forecast period.
The Global Multiplexed Diagnostic Market is segmented into product type, application, end user, and region.
On the basis of product type, the global multiplexed diagnostic market is segmented into Reagents & Consumables, and Instruments.
On the basis of application, the global multiplexed diagnostic market is segmented into Disease Diagnostics, Molecular Diagnostics, and Drug Development.
On the basis of end user, the global multiplexed diagnostic market is segmented into Hospitals, Clinical Laboratories, Academic & Research Institutes, and Others.
On the basis region, the global multiplexed diagnostic market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in global multiplexed diagnostic market report are Thermo Fisher, Hoffmann-La Roche Ltd., BioMerieux SA, Agilent technologies, Abbott Laboratories, Qiagen N.V., Bio-Rad Laboratories, Inc., Illumine Inc., Siemens AG etc.
- The Qualiket Research report provides the detailed analysis of the global multiplexed diagnostic market and provides CAGR, market size for the forecast period from 2020-2027, considering 2019 as the base year.
- This study also delivers key insights about drivers, restraints, opportunities, recent market trends, and regional outlook.
- This report caters to various stakeholders in the industry including suppliers, investors, product manufacturers, new entrants, and financial analyst.
The North America is the major revenue contributor in the global multiplexed diagnostic market due to the increase in awareness, significant healthcare spending in overall national budgets, and the increase in adoption of advanced technologies. Also, Asia Pacific is considered as the most lucrative market over the forecast period from 2020 to 2027, due to the increase in private and public investment in life science research, technological advancements, and the improving healthcare infrastructure.
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